Exploring external urban relational processes: inter-city financial flows complementing global city-regions

Bing Zhu*, Kathy Pain, Peter J. Taylor, Ben Derudder

*Corresponding author for this work

Research output: Contribution to journalArticlepeer-review

16 Citations (Scopus)

Abstract

External urban relations are commonly described as one of two types: hierarchical local hinterlands (central place theory) and networked non-local hinterworlds (central flow theory), referred to as town-ness and city-ness, respectively. This paper builds on and develops these generic concepts to make them specifically relevant to today’s corporate globalization. The central place process is represented by multi-nodal global city-regions, and the central flow process is represented by inter-city capital investment flows. We find that capital flows in global cities increase flows to proximate smaller cities within their regions. This empirical link between city-ness and town-ness has theoretical and policy implications.

Original languageEnglish
Pages (from-to)737-750
JournalRegional Studies
Volume56
Issue number5
Early online date16 Jun 2021
DOIs
Publication statusPublished - 4 May 2022

Keywords

  • advanced producer service
  • central flow theory
  • central place theory
  • foreign direct investment flows
  • global cities
  • regional cities

Fingerprint

Dive into the research topics of 'Exploring external urban relational processes: inter-city financial flows complementing global city-regions'. Together they form a unique fingerprint.

Cite this